Rodger Riney
Rodger O. Riney is an American billionaire and the founder of Scottrade, a stockbrokerage that was acquired by TD Ameritrade in 2017.
- Rodger Riney is the cofounder of discount brokerage firm Scottrade, which is now part of TD Ameritrade.
- After college, Riney turned down a job at a top engineering firm and joined a Missouri investment company for less pay.
- A decade later, he quit his job, drove 1,500 miles from St. Louis to Scottsdale, Ariz. and cofounded Scottrade in 1980.
- Riney, who bought out his partner in 1985, expanded the firm to 3 million client accounts with a total $170 billion in assets under management.
- He sold out to Joe Ricketts’ TD Ameritrade for $4 billion in 2017, 2 years after he was diagnosed with blood cancer multiple myeloma.
- He has since donated $40 million to Washington U. to research the disease and develop treatments for neurodegenerative illnesses.